The study on wealth effect in shareholder structure reform

被引:0
|
作者
Yu-Gang, Chen [1 ]
Xiao-Bing, Qi [1 ]
机构
[1] Harbin Inst Technol, Shenzhen Grad Sch, Shenzhen 518055, Peoples R China
来源
PROCEEDINGS OF 2007 INTERNATIONAL CONFERENCE ON PUBLIC ADMINISTRATION (3RD), VOL I | 2007年
关键词
shareholder structure reform; wealth effect; consideration;
D O I
暂无
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
The shareholder structure is a special problem in China. Based on the samples of 952 listed companies reformed, this paper studied the price violation of listed companies in shareholder structure reform. The shareholder structure reform can be divided into seven categories of consideration scheme. This paper applied event-study method to study on the shareholders' wealth effect. The results showed that all reformed companies except stock-shrunk companies could obtain significant increase in wealth.
引用
收藏
页码:787 / 791
页数:5
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